Was October The Turning Point?

Today, OECD released its global leading indicators hinting that the global economy turned a corner in October moving from the contraction phase and into the recovery phase

  • Dec 10, 2019 9:30 AM

US Productivity Slumps Most Since 2015

US productivity slipped 0.2% QoQ in Q3 2019, worse than the preliminary 0.1% decline and the biggest QoQ drop since Q4 2015.

Year-over-year saw productivity rise at 1.5% - the weakest since Q4 2018.

  • Dec 10, 2019 8:38 AM

Stocks Drop As Tariff Deadline, Central Banks Looms

Global stocks, 10Y TSY yields and the US dollar dropped for a second day on Tuesday, amid what conventional wisdom said was "caution over a Dec. 15 deadline for the next round of U.S. tariffs" as well as looming central bank meetings and UK elections. The real concern: another repo market crisis. 

  • Dec 10, 2019 7:56 AM

10 Grey Swans For 2020

Black swan events are the unknown unknowns that no one can even envisage, let alone predict... But their close cousin – grey swans – can enter our imaginations...

  • Dec 9, 2019 8:20 PM